
Beef prices were mixed again on Friday afternoon, narrowing the Chc/Sel spread to $8.35. Choice beef prices fell $1.77 to $365.08, while Select prices were 12 cents higher at $356.73 per hundredweight. USDA federally inspected cattle slaughter for the reporting week totaled 582,000 HEAD, down 27,797 head from the same week last year.
WEEKLY COST OF CUTLERY CUT.CHOICE
CATTLE SALES
Sale of cattle, heads
Average weight
Week 22
Week 23
Weekly growth,%
Week 22
Week 23
Weekly growth,%
Bulls (live weight)
17,769
13,971
-21.4%
1,459
1,458
-0.1%
Heifers (live weight)
6,718
9,933
47.9%
1 309
1,296
-1.0%
Bulls (slaughter weight)
11,728
5,441
-53.6%
951
968
1.8%
Heifers (slaughter weight)
1,070
1,398
30.7%
869
844
-2.9%
WEEKLY WEIGHTED AVERAGE PRICE OF BULLS
BEEF PRODUCTION
Indicator
Week 23
Previous week
A year ago
Weekly growth,%
Growth per year, %
Volume of cattle slaughter
582,000
477,000
610,000
22.0%
-4.6%
Live weight
1,425
1,425
1,390
0.0%
2.5%
Slaughter weight
872
872
847
0.0%
3.0%
Beef production (million pounds)
506.0
415.0
516.0
21.9%
-1.9%
WEEKLY CHOICE/SELECT PRICE SHOULDER
CME: Live Cattle Futures
Week 22
Week 23
Weekly growth,%
June
215.48
226.30
5.0%
August
209.35
218.88
4.5%
October
207.40
215.53
3.9%
CME: Feeder Cattle Futures
August
298.83
310.15
3.8%
September
297.70
309.13
3.8%
October
295.70
306.90
3.8%
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